Logo-color Logo-white

Daily Pivots: (S1) 191.58; (P) 192.03; (R1) 192.73; More… GBP/JPY’s decline from 199.79 continues today and intraday bias stays on the downside. As noted before, corrective rise from 180.00 could have completed with three waves up to 199.79. Deeper decline would be seen to 183.70 support next. On the upside, above 192.45 minor resistance will […]

The post GBP/JPY Daily Outlook appeared first on Action Forex.

previous

USD/JPY Mid-Day Outlook

next

USD/CHF Daily Outlook

Read More

19/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.86; (P) 162.27; (R1) 162.59; More… EUR/JPY’s rally from 160.20 accelerates higher today and intraday bias stays on the upside for 163.70 resistance. Decisive break there will resume larger rally from 153.15 for 164.29 high. On the downside, below 161.94 minor support will delay the bullish case and turn intraday bias neutral […]
22/04/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2336; (P) 1.2402; (R1) 1.2437; More… GBP/USD’s decline extends further to as low as 1.2301 so far today. Intraday bias stays on the downside for 161.8% projection of 1.2892 to 1.2538 from 1.2708 at 1.2207 next. On the upside, above 1.2391 minor resistance will turn intraday bias neutral and bring consolidations first, […]
24/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2619; (P) 1.2646; (R1) 1.2671; More… Intraday bias in GBP/USD remains mildly on the downside for the moment. Sustained break of 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. For now, risk will stay on the downside as long as 1.2739 resistance […]